Pr-Nd oxide prices increased this week while the prices of dysprosium and terbium products remained weak

This week, rare earth prices showed mixed performance. As China Northern Rare Earth released largely flat Q3 rare earth concentrate prices, separation plants showed a stronger sentiment to hold prices firm, leading to an increase in Pr-Nd oxide prices this week. Due to the large supply of dysprosium and terbium products in the market, their prices remained weak.

Given the weak willingness to sell by upstream miners, the buyers and sellers were in a deadlock. Therefore, rare earth prices are expected to stabilise gradually in the short term.